ASIA PACIFIC LEADS THE GLOBAL CONSTRUCTION EQUIPMENT MARKET WITH MARKET SHARE OF ~44% in 2024.
The global Construction Equipment Market is estimated to reach USD 186.62 billion by 2030 from USD 148.02 billion in 2024, registering a CAGR of 3.9%. The growth of the construction equipment market is related to the growth of the construction industry. Government investment to boost infrastructure projects, rental/leasing trends, public-private partnerships, and rising disposable incomes will likely...
Industrial Vehicles Market Size to Hit USD 64.3 Billion by 2030
The global industrial vehicles market growth is projected to grow from USD 49.2 Billion in 2024 to USD 64.3 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is experiencing steady growth due to increased automation and efficiency demands in warehouses and manufacturing facilities. Additionally, the expansion of e-commerce and logistics sectors drives the demand for material handling...